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Notable events involving Owl include:

5 May 1942The Canadian passenger ship Lady Drake is torpedoed and sunk about 90 miles north of Bermuda in position 35°43'N, 64°43'W by German U-boat U-106. The US minesweeper USS Owl later picks up 256 survivors.

7 Aug 1942USS Owl picks up 13 survivors from the Uruguayan merchant Maldonado that was torpedoed and sunk by the German U-boat U-510 on the 2 August about 250 miles south-southeast of Bermuda.